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The first trailer for Inside Llewyn Davis, the forthcoming Coen Brothers film, featured a Bob Dylan cover of the old folk song “Fare Thee Well (Dink’s Song).” But a new, recently released version features the same track as done by Mumford & Sons’ frontman Marcus Mumford and the film’s star, Oscar Isaac.

In the film Isaac plays a talented character who performs folk music in the 1960s but can’t quite catch a star-making break. The trailer also gives a peak at a bearded Justin Timberlake, who plays a character named Jim Berkey.

Timberlake will appear alongside Mumford on the film’s soundtrack, along with Dylan, Dave Van Ronk, the Punch Brothers, and Isaac’s costar (and Mumford’s girlfriend) Carey Mulligan. The soundtrack is being executive produced by T Bone Burnett, who helmed the multiplatinum, GRAMMY-winning soundtrack for the Coen Brothers’ film O Brother, Where Art Thou?

“Dink’s Song,” as it is commonly known, was first recorded in Texas by musicologist John Lomax in 1908. It is a folk music staple, with famous covers from Pete Seeger, Dave Von Ronk, Jeff Buckley, Roger McGuinn, Ramblin’ Jack Elliott, and Joan Baez, among many others.

Inside Llewyn Davis is slated for release on December 6, 2013. The soundtrack will be released by Nonesuch Records on September 17.